QCR Holdings Inc

NASDAQ QCRH

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QCR Holdings Inc Asset Coverage Ratio for the year ending December 31, 2023: 11.86

QCR Holdings Inc Asset Coverage Ratio is 11.86 for the year ending December 31, 2023, a -38.47% change year over year. The asset coverage ratio assesses the extent to which a company's tangible assets can cover its total debt obligations. It is calculated by dividing the difference between total assets and intangible assets by total debt. This ratio provides an indication of a company's ability to repay its debt using its tangible assets. A higher asset coverage ratio suggests a lower financial risk, as the company has a greater cushion of tangible assets to support its debt obligations.
  • QCR Holdings Inc Asset Coverage Ratio for the year ending December 31, 2022 was 19.28, a -45.82% change year over year.
  • QCR Holdings Inc Asset Coverage Ratio for the year ending December 31, 2021 was 35.58, a 154.15% change year over year.
  • QCR Holdings Inc Asset Coverage Ratio for the year ending December 31, 2020 was 14.00, a -38.35% change year over year.
  • QCR Holdings Inc Asset Coverage Ratio for the year ending December 31, 2019 was 22.71, a -45.35% change year over year.
NASDAQ: QCRH

QCR Holdings Inc

CEO Mr. Larry J. Helling
IPO Date Oct. 6, 1993
Location United States
Headquarters 3551 Seventh Street, Moline, IL, United States, 61265
Employees 986
Sector Financial Services
Industry Banks - regional
Description

QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company's deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. The company's loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, it engages in leasing of machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuance of trust preferred securities. QCR Holdings, Inc. was incorporated in 1993 and is headquartered in Moline, Illinois.

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StockViz Staff

September 20, 2024

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